Update: Joseph Gordon-Levitt to Star in a 'Fraggle Rock' Movie

Movies Chat is our new work-in-progress chat show hosted by Movies.com Managing Editor Erik Davis. Each month we'll release multiple episodes that feature 15-20 minute conversations with some of the web's most notable movie experts.

Update: 3/19/2015: It's been nearly three years since we've heard any worthwhile news about a Fraggle Rock movie, but now we've got something big to report: Joseph Gordon-Levitt will produce and star in the movie. Here's what he had to tell Variety about the project:

“Jim Henson’s characters make you laugh and sing, but they’re also layered, surprising, and wise. From Oscar the Grouch, to Yoda, to the Fraggles. I’ve never stopped loving his work, even as a young frisky man, and on into adulthood. Collaborating with Lisa Henson makes me confident we can do something that Jim would have loved. I’m grateful and excited to be working with New Regency on this project.”

With an A-lister like Gordon-Levitt involved, you can expect Fraggle Rock to really start moving closer to reality now, so don't expect to wait another three years before any major news.

Previously 5/31/2012: Movies Chat: The 'Fraggle Rock' Movie Pushes Forward, But Is That a Good Thing?

Yesterday brought news that the long-in-development Fraggle Rock movie had taken another step closer to becoming a reality by hiring Rango co-writer Jim Byrkit and Alex Manugian to write a script for New Regency. Will this be the script that finally helps bring one of Jim Henson's most personal and imaginative creations to the big screen, or will it fail to push past the script stage like those previous versions?

Joining me to discuss the potential Fraggle Rock movie and whether it can find success with today's moviegoing audience is my buddy Keith Calder (@keithcalder, KeithCalder.com), producer of films like The Wackness, The Greatest Movie Ever Sold and the upcoming You're Next.

You can listen to our chat below, and feel free to email me any questions, comments or concerns to movieschat AT gmail DOT com.

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